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SS Hot Rolled Coils (304) >=3mm in Delhi

1,82,000/MT
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15 minutes ago
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Stainless Steel Hot Rolled Coils (SS HRC) are widely used where strength, corrosion resistance, and heat tolerance are essential. These coils are produced by rolling stainless steel at high temperatures, making them easier to shape and form. Due to their toughness and cost-effectiveness, SS hot rolled coils are commonly used in fabrication, construction, automotive parts, pressure vessels, and industrial machinery.

While they may not have the smooth finish of cold rolled coils, their structural performance, weldability, and resilience make them an ideal choice for heavy-duty applications.

Key Properties of SS Hot Rolled Coils

  • High Tensile Strength – They can handle a lot of weight and pressure in both static and dynamic conditions.
  • Corrosion Resistance – The presence of chromium gives protection against rust and oxidation.
  • Thermal Stability – Can withstand high temperatures, making them suitable for boilers and furnaces.
  • Toughness & Ductility – Easier to fabricate and shape into components.
  • Cost Efficiency – More affordable than cold rolled alternatives for structural applications.

Industrial Applications of SS Hot Rolled Coils

1. Construction Industry

Used in structural frameworks, columns, beams, and reinforcements for buildings, bridges, and infrastructure projects.

2. Pressure Vessels & Boilers

Preferred for manufacturing storage tanks, vessels, and boilers because of their high temperature resistance and pressure-handling ability.

3. Shipbuilding & Automotive

Essential in building ship hulls, chassis parts, and underbody vehicle components where strength and formability are required.

4. Heavy Equipment & Fabrication

Widely used in industrial machinery, conveyors, and welded structures.

5. Oil & Gas and Power Plants

As it is resistant to corrosive environments, SS HRC is a key material in refineries and energy facilities.

SS Hot Rolled Coil Market Trends and Supply Chain

The Indian stainless steel HRC market is projected to grow at a compound annual growth rate (CAGR) of 8.2% in revenue and 8.4% in volume until 2033. This growth is due to rapid urbanization, infrastructure development, and a growing auto sector. In the fiscal year 2022-23, domestic steel demand reached approximately 132.74 million metric tons and is anticipated to increase by 7.2% to 163.85 million metric tons in 2024-25.

India has seen a huge influx of finished steel imports, particularly from China, South Korea, and Japan. In the first ten months of the financial year ending March 2025, imports from these countries reached record highs, with South Korea leading at 2.4 million metric tons, followed by China at 2.3 million metric tons, and Japan at 1.8 million metric tons. Together, these three countries made up 78% of all the imported finished steel. 

To address the rise in imports and protect domestic manufacturers, the Indian government is considering of imposing a safeguard duty of 15% to 25% on some steel products. This measure aims to mitigate the impact of low-priced imports on the local steel industry.

The influx of cheap Chinese steel has posed challenges for Indian steel mills, leading to reduced operations and potential layoffs, especially among smaller producers. The Indian Steel Association has urged the government to implement import curbs to safeguard the domestic industry. Major producers like JSW Steel and Tata Steel are supporting these measures to keep the financial stability of the sector.

There’s also a lot happening on the demand side. Infrastructure projects like metros and high-speed trains are pushing up the need for SS hot rolled coils. Then there's the EV market and capital goods, which is also growing fast. So, states like Maharashtra and Gujarat are seeing more SS hot rolled coils being bought and used. Indian companies like Jindal Stainless and SAIL are now producing more too, so slowly, India doesn’t have to import as much as before.

In terms of shipping and storing, Mumbai, Ahmedabad, and Chennai remain main hubs for SS HRC because of ports and big warehouses.

SS Hot Rolled Coil Prices

As of April 2025, SS hot rolled coil prices in India have remained relatively stable. The demand for the 200 series has increased, while the 300 and 400 series have seen moderate demand. The Union Budget 2025-26's focus on manufacturing and sustainability is expected to further stimulate market growth.

Latest SS Hot Rolled Coil Prices Across Locations

Brand & GradeLocationPrice (in Rs/MT)Updated on
304Kanpur1,86,00007/04/2025
316LMumbai3,17,50007/04/2025
304Delhi1,87,00007/04/2025
316LDelhi3,20,50007/04/2025 

SS Hot Rolled Coil Historical Prices

Over the years, stainless steel HRC prices have experienced some swings. Sometimes it’s because the supply of nickel (a metal used to make stainless steel) gets tight. Other times, it’s because the government changes import rules or adds new duties. Infrastructure booms and stimulus packages tend to drive up demand and rates.

SS Hot Rolled Coil Rates Today 

Right now, if you’re looking at SS hot rolled coil rates, for grade 304 in Delhi, it’s roughly ₹197 to ₹203 per kg. But prices change a lot depending on the day, the thickness you need, packaging, where it’s coming from, and how it’s being transported.

SS Hot Rolled Coil Price Forecast 

Despite current challenges, the Indian stainless steel HRC market is poised for growth, supported by:​

  • Infrastructure Development: Ongoing projects in urban development and transportation are expected to drive demand for stainless steel HRC.​
  • Automotive Industry Expansion: The increasing production of vehicles, including electric vehicles, is likely to boost the need for high-quality stainless steel components.​
  • Government Initiatives: Policies promoting domestic manufacturing and sustainability are anticipated to create favourable conditions for the steel industry.​

Overall, while the Indian stainless steel hot rolled coil market faces certain challenges, strategic government interventions and robust domestic demand are expected to foster a positive growth trajectory in the coming years.

Factors that Influence SS Hot Rolled Coil Prices in India

  1. Nickel and Chromium Prices – These metals directly influence cost of stainless steel.
  2. Global Stainless Steel Demand – Especially from China and EU.
  3. Import Duties & Trade Policies – Anti-dumping duties and safeguard measures.
  4. Production Capacity – Domestic mill output and planned shutdowns.
  5. Seasonal Consumption Patterns – Construction and auto sector seasonality.

Get the Best SS Hot Rolled Coil Prices Today on Nexizo

If you’re trying to buy SS hot rolled coils and want a better deal, check out Nexizo. Whether you need grade 304 or 316L, Nexizo connects you with trusted suppliers across India. You can compare quotes from cities like Mumbai, Delhi, and Kanpur. Nexizo brings you live market data, insights and exclusive pricing on stainless steel hot rolled coils. 

Visit Nexizo to access:

  • Daily SS HRC price updates
  • Tender-based demand mapping
  • Bulk order discounts with PAN India delivery
  • Location-wise dispatch timelines
  • Reliable information, verified sources, and fast quotes
  • Credit & logistics support

If you're into tenders or want to sell to the government, Nexizo provides access to those going on right now. For example, North Central Railway is asking for stainless steel scrap and items from old coaches like dustbins, soap stands, and water tanks. Eastern Railway wants stainless steel washbasins in Howrah, WB. Telangana’s building department has a ₹1.44K Cr tender for constructing a new high court, which requires SS HRC products.

So, if you’re looking for stainless steel HRC, whether you're a buyer or supplier, there’s a lot Nexizo can help you with. Join now and get the best deals for stainless steel hot rolled coils today.

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